Meme coin market dynamics and investment strategy analysis
Recently, Bitcoin has once again broken through the $70,000 mark, and the market greed index has reached 80. Meme coins, as the barometer of the bull market, have once again become the focus of the market. By analyzing the trading data of the top 25 Meme coins in the current market, we have identified some noteworthy market characteristics and development trends.
Market Segmentation and Liquidity Analysis
In terms of the number of holders, the top five Meme coins each have over 800,000 addresses, with the leading project having 1.51 million addresses, approximately 400,000 addresses ahead of the second place. These projects also account for a relatively high trading volume in the overall market.
It is worth noting that some emerging projects, although they have a relatively small number of holding addresses, have shown significant growth rates in the past 30 days. For example, the number of holding addresses for two projects increased by 3.02% and 4.86%, surpassing many large Meme coin projects.